Eric Bailey just released his new book, Master of Persuasion: How to Dramatically Increase Sales, Get People to Say Yes, and Be a Positive Influence in the Lives of Others.
So if you need some new reading material over the holidays, it is available on Amazon now. More ideas that we can use to influence others, close sales, and transfer our good intention to others. A great way to reduce resistance and objections from others.
You have entered The Networker Zone. The ultimate podcast for networkers in direct sales, network marketing, MLM or any sales side hustle. You’ll learn the skills for the how to and the mindset to make it work. From the author of over 20 best selling books and over 25 years in the business here’s your host Keith Schreiter.
Now, how much do our new team members know about their new business? Well, here are just a few things our new team members don’t know:
What to do first.
The three most important questions.
What to do after the first failure.
How to explain the compensation plan.
The best time to approach prospects.
The first words to say to initiate action.
How to turn off fear and rejection.
How to handle tough questions.
Which steps to take before starting.
And the list goes on and on.
Okay, our brand-new team members are clueless.
Thankfully, we have some answers as the sponsor.
But what should we teach our new team members first? Do we have a clue? Well, uh … uh … uh …
How much should we teach so we don’t create cognitive overload? Well, uh … uh … uh …
My first experiences.
They were all bad. I sponsored people, didn’t even know the three most important questions (clueless), watched my team members fail and disappear. Then, I would rinse and repeat.
Yes, I sponsored new people to replace the people I ruined. I definitely was not a smart sponsor.
This is hard work. We prospect, present, close, and more to get someone started, only to ruin them quickly. It took me time to notice this dysfunctional pattern.
There is an old saying in Texas that goes like this:
“If you are putting people on the front of the wagon as fast as they are falling off the back of the wagon, that ain’t smart.”
One set of skills we learn as professional network marketers is how to be a great sponsor. Yes, we can influence how well our new team members start. We can give them the exact tools they need to handle the challenges ahead.
This isn’t rocket science. We can learn these skills. And we don’t have to pay a fortune.
To make this easier, Keith and I put the best smart sponsor skills in the latest “Big Al” book.
Learn how to be a smart sponsor in 90 minutes while reading this inexpensive book over a cup or two of coffee.
What Smart Sponsors Do: Supercharge Our Network Marketing Team
Good question. Here is why people consider investing time, energy, and money into a coach:
The only thing between us, and where we want to be, is some stuff we don’t know yet.
If we already knew this stuff, we would already be where we wanted to be! But we don’t. So, how are we going to learn it?
Well, if we don’t know what we don’t know, how in the world are we going to discover and research what we don’t know? Yes, this can become a black hole. But let’s look at some possibilities.
#1. We can learn by trial-and-error. This is how I started my career. I spent one year and 10 months trying to make network marketing work. The result? Zero progress. Here is an important question: How much money did I miss out on during that one year and 10 months? Potentially, 22 bonus checks.
Trial-and-error is expensive. And there is no guarantee that we will stumble across the solution. We may end up just practicing the wrong things.
Plus, I hated the rejection and frustration. But, I just didn’t know any better. And my budget was nonexistent.
#2. We can read books and take courses. How many books should we read? How many courses should we take? Which courses should we take? Well, if we are on a limited budget, we can start with a few personal development books from our local library. That is free! Yeah!
Then, as soon as possible, my biased opinion is to read some “Big Al” books. Learn some hard-core skills.
#3. If we are in a hurry, a coach could be another option. What is nice about a coach is that a good coach has experience. We can learn from our coach’s experience, and we don’t have to experience all of the personal rejection that comes with trying to figure things out on our own.
Do I do coaching?
No. I don’t.
For me to do coaching, it would require two skills that I don’t have.
#1. Coaching skills.
Both are prerequisites of a good coach.
So before we look for a coach, we have some thinking to do. Here are some things we need to consider:
#1. How fast do I need results?
#2. How big is my budget?
#3. Will I listen to my coach or argue?
#4. Will I take notes, or will I take action?
#5. How experienced do I want my coach to be?
There are many more things to consider, but we get the idea.
If we decide coaching is the way to go, answering these questions beforehand will make our search easier.
So imagine we have no budget. That will limit our coaching options.
We can’t expect an experienced coach to stop earning money and work for us for free. However, if that is our limitation, we work within that limitation. Here is where we could go to start our coaching:
Free would fit in our budget. And of course, we would adjust our expectations.
If we were willing to invest money now so that we could earn more money faster, then we would have a bigger range of coaching options.
For example, I am not a LinkedIn expert. If I wanted to build my business on LinkedIn, I would find a coach with LinkedIn experience. Since I know Dale Moreau, and have read his book on successfully building via LinkedIn, I would go to his site, https://coachingwithdalemoreau.com.
It would be a lot more expensive, but I wouldn’t have to wait months to see progress.
But hiring a coach is only part of the process.
If the coaching is good, and we know exactly what to do, we still have to take action.
That is why our coach should have motivation skills and incredible patience.
So whether the coach is free or full-price, we still have to do our part of the bargain. A good coach will help us be motivated on our down days.
So the questions are:
“Is trial-and-error free?” No, it is expensive. We miss out on months and months of bonus checks.
“Is taking courses and reading books the answer?” For some self-motivated individuals, yes. I personally wouldn’t fall into that category all the time. I get distracted too easily. Knowing our limitations can help us make better decisions.
“Is coaching the answer?” For some, yes. Because there are different levels of competency in coaching, and we should try to get the best competency we can within our budget.
There are four different color personalities, and each of those personalities interprets our world differently. They have their own viewpoint and their own language. They make their decisions based upon their viewpoint, and the language we use to present to them has to match their personality.
When we talk their language, magic happens. Our prospects understand and appreciate what we offer them. Once we have this connection, prospecting, selling, sponsoring, and presenting are easy.
The book is available in ebook and paperback. Check it out here:
There is another skill we must consider. To be successful in any profession, we need marketing. So while we may be the world’s greatest coach, if we have no one to coach, this isn’t going to work out.
My good friends, Mark Davis and Bernie De Souza, joined me in writing a brand-new book on how to get more paid bookings. If you need more bookings and clients, you will enjoy this book. Hard-core, real-life examples of how to fill our calendars with events.
If you like straight talk, no fluff, and real methods that work, you will love the new ideas and methods.
The book is available on Amazon, iBooks, Kobo, and more. Check out the book here: